Residential Conversion Opportunity

Residential Conversion Opportunity

Planning advice has been secured for the conversion of the first to fifth floors into 74 self-contained residential apartments under Permitted Development rights.

  • Residential land value estimate: £1m–£1.2m
  • Projected stabilised commercial net income: ~£100,000 per annum (retained commercial floors)
  • Combined value potential: c. £2.2 million

This dual-use strategy provides incoming investors with multiple routes to value creation.

Suitability & Use Cases

Suitability & Use Cases

Ideal for:

  • Office occupiers seeking central, accessible space
  • Civic, educational, or healthcare organisations
  • Community service providers
  • Hybrid commercial-residential developers
  • Owner-occupiers seeking partial use with rental income

Empire House’s layout, location, and tenant profile make it a versatile asset suitable for a wide range of uses and long-term operational strategies.

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